£354,676
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 11 Sep 2015 |
| £40,000 | 31 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in September 2015 the House Price Index for GREATER MANCHESTER was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £250,000 results in an estimated price of approximately £354,676.
| 11 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £250,000 | £104,676 | £354,676 |
The Postcode Pricing Model uses changes in average sales price within the SK4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -22.819 % | £-57,047 | £192,952 |
| 3 Month Average | 43.480 % | £108,699 | £358,699 |
| 6 Month Average | 41.799 % | £104,496 | £354,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £287,711 | £285,000 | 395 MANCHESTER ROAD |
| 24 Mar 2023 | £282,663 | £280,000 | 10 FARM CLOSE |
| 1 Sep 2022 | £272,797 | £275,000 | 24 GRANGE AVENUE |
| 29 Jun 2022 | £456,451 | £450,000 | 11 GRANGE AVENUE |
| 1 Jun 2022 | £472,680 | £466,000 | 236 BROADSTONE ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 9 Jun 2015. Using an estimated price of £354,676 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on GRANGE AVENUE is 109 sq meters (1,176 sq feet).